Answer by Mohit Dagar for Add a column with a default value to an existing table in SQL Server

This can be done by the below code.

CREATE TABLE TestTable
    (FirstCol INT NOT NULL)
    GO
    ------------------------------
    -- Option 1
    ------------------------------
    -- Adding New Column
    ALTER TABLE TestTable
    ADD SecondCol INT
    GO
    -- Updating it with Default
    UPDATE TestTable
    SET SecondCol = 0
    GO
    -- Alter
    ALTER TABLE TestTable
    ALTER COLUMN SecondCol INT NOT NULL
    GO